Milan fined 12 million euros and threatens to stop participating in European competitions



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Milan fined 12 million euros and threatens to stop participating in European competitions

Reuters

The European Football Confederation (UEFA) has fined AC Milan € 12 million for violating financial fair play rules.

Friday, UEFA announced that Milan would be suspended from the continental competitions of the two seasons (2022-2023 and 2023-2024) "if it does not reach the equalization point in its financial accounts before the June 30, 2021 ", in accordance with the rules of financial fair play.

The European Union has also banned Rossoneri from registering more than 21 players in European tournaments over the next two seasons.

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According to UEFA rules, any club that spends more than its income is subject to possible sanctions, including, in some cases, a suspension of the continental competition.

It was the day after the painful shock suffered by the Italian team leaving the group stage of the Europa League, facing his host Olympiakos, Greece, after his defeat in front of him (1-3), when match against them on Thursday in the sixth round of the last round of the first round.

Milan lost the tournament "Rossoneri", after falling back to third place in the group F table, with 10 points behind the goal difference behind the Greek team.

Source: agencies

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